Chek the Channels
The McClatchy Company (MNI)
Is The Slide Over?
- Option value. We are raising our rating on the MNI shares to Outperform for speculative investors based on the prospect of an acceleration in debt pare down, stabilizing cash flow and improving debt leverage ratio.
- Q1 review. Q1 results were below our expectations on both revenues and cash flow. The results reflected strategic decisions to increase paywalls for its Digital businesses and restructurings. Notably, there were signs of...
*Analyst certification and important disclosures included in full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.